19.09.2011 - Russia taps star advice for its sovereign fund
Russian Prime Minister Vladimir Putin Friday tapped leading sovereign-wealth-fund managers and private-equity chiefs as advisers to the new Russian Direct Investment Fund, which will begin investing Russian oil wealth alongside private cash in the coming months. TPG Capital's David Bonderman and Blackstone Group Chief Executive Steve Schwarzman, along with leaders from the China Investment Corp. and Kuwait Investment Authority, will meet once or twice a year to advise the fund, which will receive $2 billion a year in state money for five years..............................................Full Article: Source
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